Trentino Alto Adige: dismissals at high levels

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The happy isles are no longer so. The provinces of Trento and Bolzano are also a part of Italy, an Italy that is clownish and charlatan. We have gone from being children of the wolf to children of the ostrich. We have to fall in the crevasse before we actually realise it’s there.
The sound of the mountain buffalo’s hooves can also be heard on the plains and they are echoing hooves. “Trentatre trentini entrarono a Trento tutti e trentatre trotterellando” (twist on an Italian tongue twister). Thirty-three thousand Trento and Alto Adige workers will leave the factories, all thirty-three thousand of them reeling. Where will they all go? Shopping perhaps, in order to re-launch the economy as urged by the Government? Perhaps using their brand spanking new Social Cards?
The extent of the unemployment problem region by region is assuming biblical proportions, way beyond human comprehension. Which factories will still be running one year from now? And how will the millions of families manage to put food on their tables? No one has the answers to these questions.
Were Cesare Battisti to come back to life, he would demand that the Trentino Alto Adige area be annexed to Austria.

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TRENTO PROVINCE: 40 thousand temporary workers at risk
GARDOLO: 95 retrenchments at Whirlpool (691 across Italy)
BOLZANO-TRENTO: 70 retrenchments at Telecom Italia
FOLGARIDA MARILEVA: more than one third of the 170 funivie employees’ jobs at risk
ALTO ADIGE: 1,340 employees laid off since October in a whole range of companies
ALTO ADIGE: from January to October 2007 there were 12,757 requests for unemployment subsidies, while during the same period in 2008 that figure jumped to 18,553 (+ 45,3%). Requests for unemployment benefits went from 5,037 to 6,922 (+37,2%).

Previous postings:
- Between the Emilia way and the West

- "La Serenissima" unemployed

- That thing in Lombardy

- The hooves of the buffalo

Ps: today's video clip is dedicated to the young people of Abruzzo. This weekend, in Abruzzo, elections will be held to vote for a new Regional Premier.
I'm rooting for Carlo Costantini, pass it on!


Posted by Beppe Grillo at 03:58 PM in | Comments (6) | Comments in Italian (translated) Post a comment | Sign up | Send to a friend | | GrilloNews | listen_it_it.gifListen |
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Everyone is expecting recession getting over soon. I have a very close friend, who graduated from Harvard. Worked for ML for over 8 years, recently he’s been “right sized” too, despite of his outstanding performance and the increasing revenue he generated. OMG, now the banking industry is badly hurt, how long it would take for those financial background guys like him get back to the job market. Banking jobs are not there as much as before as easily seen on and other job sites in the region

Posted by: jeff d | February 12, 2009 02:09 PM

People always hate to talk about when they are laid off. But as it has become every day's news headline since Yahoo started it with cutting 1500 of its task force last year, now a need of platform has been in demand where people can express their selves in words how they are feeling about their company, whey the got laid off was that justified or not.
And every thing they want to tell anonymously.And is providing you that platform.

Posted by: Layoffs | January 15, 2009 10:22 AM

The economy is fast deteriorating. Millions of Italian families are struggling to put food on the table and things will get worse before they will get better.

But Berlusconi and Tremonti -taking the cue from Merckel- prefer to wait and see if their trickle-down, anti-crisis plan will save Italian from becoming destitutes.

The Italian governments anti-crisis package is based on neocon ideology -the same ideology that gave us the crisis- rather than being centred on the need to save the economy now. It is now that a large infusion of cash in the economy is needed.

Yes, under normal circumstances, infusing money could raise interest rates, discourages investments and increase the deficit. But most economists don't see today's economic circumstances as being normal.

Sales and prices are falling, expanding the rate of unemployment and signalling a dire economic situation. It needs to be brought under control before it dives into deflation and depression. All that is needed are leaders with guts and vision in place of leaders riding the crisis on people's backs

Posted by: louis pacella | December 15, 2008 02:34 AM

It's amazing that the "leaders" seem unaware of the acute danger that they are in.
Have they learned nothing from the French and
Russian revolutions.
Or are they hoping that, come the revolution, they might find themselves in sufficiently strong positions to recreate the Stalin years of total dictatorship?
It certainly looks from, the outside, that it is what they're working towards.

Posted by: Rolly Wheeler | December 13, 2008 11:52 PM

The devil in the details!
Credibility, Accountability and Responsibility.
I read somewhere the good old BR are back in business, that is a good start putting some fear in the institutions is positive and secondly it will increase employment in the body guard business.
The joke going around now is that Mr. B. compared cholera and Mugabe to a strong flue and a bad sunburn on the dictator.
Hope Greece gives Italian a clue on what’s needed.
The future looks bright wear thick sunglasses

Posted by: Giacomo Chiametti | December 13, 2008 08:38 PM

Corporations and banks with financial problems should ask their owners i.e. shareholders, to contribute through rights issues. All the shareholders who demanded a free market economy allowed boardroom executives to award themselves high salaries, stock options, bonuses and severance pay offs while receiving generous dividends over the years. Now they should be asked to put back some of the money to save the companies they own, or lose everything.
Next is to require the banks who got us into this mess to provide loans, which is what they are supposed to do, at commercial rates with perhaps guarantees from the State in exceptional circumstances. This would be better than using taxpayers' money to bail them out.
Businesses that lay off workers should freeze the earnings and dividends of directors and shareholders who should not be allowed to profit during difficult times.
It would be morally and economically wrong to allow those, who in an orgy of greed caused the crisis, to retire gracefully with their wealth intact while millions face loss of jobs, homes and, in the poorer nations, a life of deprivation.
Without an equitable redistribution of earnings in the near future it will not just be the sound of buffalo hooves we hear but a stampeding herd that will destroy everything in its path.

Posted by: peter fieldman | December 13, 2008 05:52 PM

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